One huge factor is the raw materials needed for ev’s are limited and there’s nowhere near enough on the planet for cars currently just in the uk to be ev’s, never mind the world.
Which raw materials are we talking about? Even without russian supplies, we already have the capacity to build 14 million EVs. This year alone.
A typical car propulsion battery is made from, amongst other things, 8kg of Lithium, 20kg of Manganese and 14kg of Cobalt. That’s the rare stuff in battery packs.
Lithium: 14 million tons.
Manganese: 71 million tons.
Cobalt: 7.6 million tons.
So the most limiting factor is Cobalt. That’s 7.600.000.000kg. Or enough for 542,857,143 (543 million) car batteries. Those numbers don’t include recycling and advancements in battery technology reducing material cost. Even if we’d only get to half of the available cobalt, it’s more than enough to build all the EVs necessary.
But by no means let facts get in the way of a good conspiracy theory.
Prior: SEAT Ateca Xcellence Lux 1.5 TSI DSG MY19, VW Golf GTE PHEV DSG MY23
Current: Hyundai Ioniq 6 Ultimate
Next: we'll see what's available in 2028.